Twinkie maker Hostess asks to liquidate

8:40 AM,
Nov. 16, 2012

A pack of Hostess Twinkies.(Photo: PAUL J. RICHARDS AFP/Getty Images)

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USA Today

INDIANAPOLIS -- Hostess Brands, maker of Twinkies, Ding Dongs and Wonder Bread said Friday that it has filed a motion in Bankruptcy Court seeking permission to close and sell its assets, including its iconic brands.

The company says it has suspended bakery operations, but deliveries will continue and Hostess retail stores will stay open to sell products already in the pipeline.

Hostess workers remained on picket lines across the country Thursday night, refusing a company ultimatum to return to work or face the liquidation of the national baker. ...